New Delhi: Air travellers between Delhi and Mumbai have reason to rejoice. Low-cost carriers GoAir, IndiGo, SpiceJet and JetLite have gone back to zero and Re 1 air fares on India's busiest sector.
On offer from the beginning of this week, these fares are expected to continue through the rest of the lean season, that is, till the end of September. Customers buying any low-cost carrier ticket on the Mumbai-Delhi route will only have to pay taxes and surcharges that range from Rs 3,400 to Rs 3,600.
Statistics showed that this is the steepest drop in basic fares, from Rs 2,000 in July, in any Indian sector in the last six months.
"There is a short-term special off-peak promo going on for Delhi to Mumbai and Mumbai to Delhi only. These sectors have had very light loads during the last few weeks. It is good news for passengers," said Bruce Ashby, CEO of Delhi-based low-cost carrier IndiGo.
Full-service carriers are not too far behind. All full-service carriers including Air India, Jet Airways and Kingfisher are offering basic fares ranging from Rs 100 to Rs 500.
Airline executives said the decision was a result of
circumstances that turned the most lucrative sector in the country into one of the most unprofitable for low-cost carriers.
July was one of the leanest months for airlines in general with passenger loads dropping 10 to 15 percentage points to around 55 per cent.
23/08/08 Anirban Chowdhury/Business Standard
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